QOS Networks Ranks No. 50 on the Inaugural 2020 Inc. 5000 Series: California
Feb 19, 2020
Inc. Magazine Unveils Its First-Ever List of California’s Fastest-Growing Private Companies— The Inc. 5000 Series: California
Inc. magazine today revealed that QOS Networks is No. 50 on its inaugural Inc. 5000 Series: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment—its independent small businesses.
“To be ranked among some of the fastest growing companies in California is a great honor”, says QOS Networks CEO, Frank Cittadino. “Our tech-enabled solutions are highly unique and give customers a new way to interact with their network combined with analytics, integrations, and better management and monitoring abilities. QOS Networks has had tremendous growth in the network edge space and we’re excited to be recognized for that success.”
The companies on this list show stunning rates of growth across all industries in California. Between 2016 and 2018, these 250 private companies had an average growth rate of 422 percent and, in 2018 alone, they employed more than 49,000 people and added $5.6 billion to the California economy. Companies based in the largest metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.</p> <p>Complete results of the Inc. 5000 Series: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at <a href="http://inc.com/inc5000-series-california-2020">inc.com/inc5000-series-california-2020</a> starting February 19, 2020.</p> <p>“The companies on this list demonstrate just how much the small-business sector impacts California’s economy,” says <em>Inc.</em> editor in chief Scott Omelianuk. “Across every single industry, these businesses have posted revenue and growth rates that are beyond impressive, further proving the tenacity of their founders and CEOs.”</p> <p>The Inc. 5000 Series: California Summit & Awards event to honor the companies on the list will take place on Tuesday, May 12, 2020, at The LINE Los Angeles (3515 Wilshire Blvd., Los Angeles, California 90010).</p> <p>QOS Networks is a managed network services provider that integrates tech-enabled tools into enterprise networks to deliver more intelligent and actionable insights. QOS helps convert legacy network management systems to modern, integrated, software-defined platforms, enabling better operational maturity.</p> <p>The QOS <a href="https://www.qosnetworks.com/modern-network-edge/">Intelligent Network Platform</a> combines monitoring and management, AIOps, and in-depth analytics to deliver customers with better visibility to drive data-backed decision making abilities. The Intelligent Network Platform takes and aggregates data across a number of platforms including Syslog, SNMP, application APIs, SD-WAN orchestration platforms, and creates a complete, correlated, picture for customers that gives actual reliable insights. By converting to the Intelligent Network Platform, enterprises can improve uptime, root cause understanding, historical data to design traffic optimization, predict trends and proactively prepare for them, and reduce manual effort with automation. Ultimately, driving better insights, the ability to make data-driven decisions, and to scale rapidly.<strong></strong></p> <p><strong>About QOS Networks</strong></p> <p>QOS Networks is redefining the network edge with their intelligent and robust solutions. QOS Networks brings a holistic network solution to enterprise networks through their Intelligent Network Platform — simplifying operations and enabling IT teams to welcome the future of network technology. QOS is an expert in the design, deployment, and management of edge solutions like SD-WAN, learning WiFi, integrations like ITSM platforms, IoT, cloud and SaaS, edge compute, and 5G readiness. Their tool and integration-based Intelligent Network Platform brings enterprises a simpler way to grow and manage their network ecosystem that solves their business needs.</p> <p><strong>More about <em>Inc.</em> and the Inc. 5000 Regional Series</strong><strong></strong></p> <p><strong>Methodology </strong></p> <p>The 2020 Inc. 5000 Regional Series is ranked according to percentage revenue growth when comparing 2016 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2018 is $1 million. As always, <em>Inc.</em> reserves the right to decline applicants for subjective reasons.</p> <p><strong></strong><strong>About Inc. Media</strong></p> <p>The world’s most trusted business-media brand, <em>Inc.</em> offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print.Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by <em>Inc.</em> For more information, visit <a href="http://www.inc.com/">www.inc.com</a>.</p>